Coulton's Bread Limited (02811875): administration
- Status
- In administration
- Administration began
- 2024-03-22
- Administrators
- Avner Radomsky, Michael Goldstein
- Administrators' firm
- FRP Advisory
- Incorporated
- 1993-04-22
- Location
- Borehamwood
- Industry
- 46390 Non-specialised wholesale of food, beverages and tobacco
Why it went into administration
- COVID-19
- Rising costs / inflation
- Energy costs
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 22 April 1993 by the former directors, Lynn Doyle, Laura Coulton and George Wilson Coulton.
The Company traded as a wholesaler and distributor of bakery products and at its peak employed 1 26 staff.
In 2004 the Company was acquired by the Hunter family, with Howard Hunter and Lynn Hunter taking over as directors, In 2008 the Hunter family sold their original sole trader business, Quayside Bakery, to the Company and “Quayside Bakery” remained a trading style of the business.
Administrators' statement of proposals (2024-06-04) · Companies House register